A penny cryptocurrency refers to a fraction of a whole cryptocurrency, much like penny stocks. Most cryptocurrencies are like penny stocks – they are volatile, subject to manipulation, and also often cost literal pennies.

The top cryptocurrencies are attracting investors looking to diversify their portfolios. Now many growing companies are accepting cryptocurrencies as legitimate means of payment, now is a good time to invest in cryptocurrencies based on your budget.

Largest cryptocurrency in the world in terms of market capitalisation and was produced in 2015. The Ethereum blockchain is one of the widely used and involves innovative technologies like Smart Contracts.
While buying Ethereum is not cheap, crypto-analysts believe that it’s worth the investment, as the coin has the potential to grow further. Because of the early success of Ethereum, the blockchain is credited for paving the way for

Current Value: $0.07628
If you’re looking for a cheap digital coin to invest in, then VeChain may be the best answer for you. The VeChain currency is based on the VeChain Thor Blockchain. It’s a blockchain specifically designed for handling supply chain management and various business processes with the help of distributed ledgers.

XRP (Ripple)
Current Value: $0.6235
XRP, popularly known as Ripple, is another popular cryptocurrency that came into the spotlight in 2017. The reason for its popularity is that – it’s the favourite currency of global banking corporations and is silently changing the way banks transfer and receive payments.
It’s the first digital crypto-coin used by mainstream financial institutions and is likely to be adopted by several other financial institutions in 2021. Crypto-analysts believe that 2021 is a great time to invest in Ripple as the rates are low compared to other popular digital currencies.

ADA (Cardano)
Current Value: $1.58
ADA (Commonly known as Cardano) is a public, open-sourced blockchain and is the third-most-popular cryptocurrency following Bitcoin and Ethereum. It was built by Charles Hoskinson, the co-founder of Ethereum.
Cardano has potential because it aims to position itself as a direct competitor against Ethereum. It seeks to provide long-term solutions overcoming the current challenges of decentralised finance. Cardano has seen several ups and downs since its debut in 2017, but it hit an all-time high recently. The value of Cardano has grown by an incredible 1750% in the last year alone. So, strike while the iron is hot and make an intelligent investment while Cardano is still affordable in 2021.

XLM (Stellar Lumen)
Current Value: $0.30
Stellar Lumen (XLM) is the cryptocurrency of the open-source blockchain payment system Stellar. The primary objective of XLM is to provide a platform for cheap transactions in emerging markets.
Crypto-analysts believe that XLM has long-term value, and the blockchain allows for the easy building of assets. The blockchain design makes it easy for investors to launch tokens and build crypto exchanges, which is a huge advantage. Additionally, it’s one of the most user-friendly cryptocurrencies, which increases its appeal.

Current Value: $4.15
It’s one of the most practical blockchains right now and provides the perfect ecosystem for developing Distributed Apps (Dapps). The highlight of EOS is that its blockchain can eliminate transaction fees via its unique structuring. It’s highly scalable and competes with major transaction networks like Visa and MasterCard in terms of transactions per second.
With the Dapp market increasing in value in 2021, the utility of EOS is likely to increase significantly this year. While EOS has been lagging behind other altcoins, analysts believe that it has the potential to reach $80 by 2023.

Current Value: $1.01
Polygon is an Ethereum-compatible blockchain, and it provides a framework for creating a network of interlinked blockchains. It uses an innovative sidechain that overcomes the problems plaguing Ethereum. The Polygon project aims to resolve blockchains’ interoperability and scaling challenges and seeks to eliminate the constraints of other similar projects like the Cosmos and Polkadot.

Current Value: $247
Monero is a liquid cryptocurrency designed to enhance the privacy of users. It uses an innovative technology that ensures that the crypto wallet address is never made public on the blockchain. The source of funds is hidden in every transaction using sophisticated cryptography techniques. While the technology may seem a bit restrictive, that’s indeed the most significant advantage of Monero as it values privacy over others.

Current Value: $58
Developed in China, NEO aims to be the Chinese Ethereum. But, unlike Ethereum, NEO is more centralised and doesn’t use too many nodes to make a decision. Like Ethereum, it supports intelligent contracts that apply to a wide array of audiences. It’s highly liquid and promises to be one of the most popular emerging cryptos in 2021.

As the first cryptocurrency, Bitcoin (BTC) is also the most popular and highly valued, despite high volatility over the course of its history. Bitcoin was initially created to be used as a digital payment system, but experts say it is still too volatile to be used for that .

STPT(Standard Tokenization Protocol)
The STP (Standard Tokenization Protocol) Network aims to build a decentralized network designed to facilitate the discovery and usage of digital assets across global communities. The STP Standard defines how ownership of tokenized assets are generated, issued, sent, and received while complying with the necessary regulations.
The STPT token is currently used on several platforms including where it allows users to participate in events like airdrops, bounties, Micro Token Offerings, and virtual staking. Additionally, STPT is used as a payment currency for services within the ecosystem which comprises projects, service providers, issuers, and investors.

REEF(REEF Finance)
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Basic Attention Token BATBAT is definitely one of the fundamentally most sound projects in the whole crypto world and thanks to its low price, it is also the best penny cryptocurrency to invest in 2021. Founder is a Mozilla Co-founder and creator of JavaScript. Enough said. Use case is excellent as digital advertising in current form is completely broken from all aspects (aside of the middlemen’s view, they profit nicely). Brave Browser is already boasting big numbers of active users: 5+ million. Team is professional and very reactive to community feedback so the product is improved almost in a daily pace.

The cryptocurrencies are a good and profitable topic in the global financial system. There is great volatility of cryptocurrencies exchange rates. With this, there is a high risk of trading these cryptocurrencies. Their growth has been able to gain the attention of many speculators.